Gigadat Betting Sites

Written by Pavel Kateliev

Pavel Kateliev

Pavel Kateliev is a popular sport journalist, particularly in the fields of football, basketball, tennis, and hockey. He writes daily for Sportingpedia and his work has been translated into at least 20 languages and featured on renowned outlets such as BBC, Yahoo, MCN, Sun, and Evening News, in Italian, English, Spanish, and Portuguese.

, | Updated: October 20, 2025

Below you can find our expert reviews of reputable and regulated sports betting sites that accept deposits with Gigadat. Each betting site was thoroughly tested and verified by our team.

In recent years, online sports betting has seen exponential growth in Canada. More and more gambling enthusiasts turn to bookmakers that operate on the world wide web, and Canadian punters have more choices than ever in terms of online establishments.

While this variety is certainly welcomed, it also means that those seeking to gamble online need to have a fast, easy to work with, and reliable method with which to manage their finances. Security is also of utmost priority.

Top Gigadat Sportsbooks Ranked by Trustpilot Rating

Comparison of Top Gigadat Sports Betting Sites

Top 15 Betting Sites for Gigadat

1. Sports Interaction

   

   Bet Now Review

   Licenses

   • Kahnawake Gaming Commission
   • The Alcohol and Gaming Commission of Ontario (#OPIG1242525)

   Min Deposit

   $10

   Min Withdrawal

   $10

   Withdrawal Time

   • Bank cards - 3-5 banking days • E-wallets - within 8 hours • Bank Transfers - 3-5 bankig days • Instant Banking - instant

   Deposit Methods

   

   Sponsorships

   NHL

   Contact Details

   Live Chat: Yes email: Contact Us Form Phone: N/A
   

   

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   • Extensive coverage of over 30 sports
   • Minimum bets from $1
   • A number of limited-time and recurring bonus deals
   • Licensed in Ontario and Kahnawake
   • More than 25 years of industry experience
   • Accepts other Canada-friendly methods like iDebit and Instadebit

   Sports Interaction is a prominent gambling brand exclusively available to Canadian punters and the rest of us can only envy them for that. Super-fast customer support, excellently selected sports disciplines, generous promotions, and reliable payment solutions represent a summary of the advantages this bookmaker comes with. Interac deposits take no more than 60 minutes to show up in your account with the minimum required amount being $10. The maximum is $1,000 per transaction but no more than $40,000 within one calendar month. American football and baseball are the most popular sports featured by Sports Interaction while soccer, tennis, basketball, and golf also enjoy extensive coverage.

2. Betway

   

   Bet Now Review

   Licenses

   • UKGC (#000-039372-R-319367)
   • MGA (#MGA/B2C/130/2006)
   • GGL (#RPDA-Dez. III. 34-73c 38.01/8-2019/13)
   • Western Cape Gambling and Racing Board (#10181496-010)
   • The Irish Revenue Commissioners (1010156)
   • Alcohol and Gaming Commission of Ontario (AGCO)
   • Alderney Gambling Contorl Commission (AGCC)

   Min Deposit

   $/€10

   Min Withdrawal

   $/€10

   Withdrawal Time

   • E-wallets - up to 24 hours • Debit cards and bank transfers - 2 business days

   Deposit Methods

   

   Sponsorships

   Arsenal FC, Chelsea FC, Manchester City FC, Brighton & Hove Albion FC, Atletico Madrid FC

   Contact Details

   Live Chat: Yes; Email: support@betway.com; Phone: varies according to country
   

   

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   • Nearly 20 years of industry experience
   • Minimum bets from $0.10
   • Supports French and 7 other languages
   • Great odds for more than 30 sports
   • Licensed by the AGCO in Ontario
   • Live streaming of major sporting events

   Betway is another well-regulated online betting brand that accepts payment solutions provided by Gigadat. Both Interac deposits and withdrawals are supported with detailed instructions regarding the respective procedures. As for the other options for transaction execution, they comprise credit and debit cards, e-wallets, prepaid vouchers, and online banking services. Canadians can also deposit with Instadebit and iDebit. Betway has signed official sponsorship agreements with the West Ham, Tottenham Hotspur, and Bologna. Some of the popular disciplines in Betway’s portfolio include ice hockey, soccer, and eSports. All major events are well-covered with a diverse range of betting markets, appealing to both novice and experienced punters.

3. bet365

   

   Bet Now Review

   Licenses

   • UKGC (#055148-R-331498-001)
   • MGA (#MGA/CRP/531/2018)
   • Government of Gibraltar (#076)
   • Alcohol and Gaming Commission of Ontario (AGCO) +10 jurisdictions (including US states)
   • Kansspelautoriteit (1690)

   Min Deposit

   $/€5-10

   Min Withdrawal

   $/€5-10

   Withdrawal Time

   Cards, E-wallets, Paysafecard: 1-4 hours; Apple Pay: instant; Wire Transfer: 1-2 banking days

   Deposit Methods

   

   Sponsorships

   UEFA Champions League

   Contact Details

   Live Chat: Yes; Email: support.eng@customerservices365.com; Phone: 00 800 1236 5365
   

   

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   • Catering to online bettors since 2000
   • Low deposits and withdrawals from $5
   • Low minimum bet requirements for casual punters
   • Offers poker and casino games besides sports betting
   • Advantageous odds for major sporting events
   • Excellent market coverage for over 40 sports

   Punters seeking to streamline their betting activities should look for a single platform that delivers a complete online gambling experience. Bet365 exemplifies this model, pairing its expansive sportsbook, which covers hundreds of events daily, with a comprehensive casino featuring a huge selection of slots and table games. The global presence of the bookmaker is supported by quite a few licenses from reputable authority bodies, including the Alcohol and Gaming Commission of Ontario, and the provision of both universally accepted (Visa, Mastercard, Skrill, etc.) and local (Interac, Instadebit, toditoCash, etc.) payment solutions.

4. 22Bet

   

   Bet Now Review

   Licenses

   Kahnawake Gaming Commission (#00882);Curacao Gaming Authority (OGL/2024/590/0758)

   Min Deposit

   • $10 for MiFinity; • 0.001 BTC for Bitcoin; • $11.64 for most other methods

   Min Withdrawal

   Depends on payment provider

   Withdrawal Time

   • Cryptocurrencies - 24 hours • E-wallets - 15 minutes • Credit and debit cards - up to 7 business days

   Deposit Methods

   

   Sponsorships

   N/A

   Contact Details

   Live Chat: Yes email: support-en@22bet.com Phone: +357 99 816806
   

   

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   • Coverage of over 1,000 sporting events each day
   • Minimum deposits from $10
   • Over 20 payment methods
   • Accepts payments with BTC, ETH, LTC, USDT, and more
   • Minimum bets from $0.30
   • Dedicated customer support in several languages

   Launched in 2018, 22bet is a popular online bookmaker giving its customers the opportunity to wager on more than 40 sports, most of which are available for both live and pre-match betting. The bookmaker’s website can be explored in 61 languages, cementing its reputation as one of the most user-friendly and inclusive betting platforms on the market today. The brand is distinguished by its markedly diverse selection of betting markets, especially in terms of major sporting events as well as by the long list of supported payment methods. In addition to bank cards, e-wallets, cryptocurrencies, and others, punters with Canadian bank accounts are authorized to use Gigadat’s Interac transfers for funding their account balances.

5. 888sport

   

   Bet Now Review

   Licenses

   • UKGC (#039028-R-319297-012)
   • MGA (#MGA/CRP/543/2018)
   • Government of Gibraltar (#112 and #113)
   • Alcohol and Gaming Commission of Ontario (AGCO)

   Min Deposit

   $/€10

   Min Withdrawal

   $/€10

   Withdrawal Time

   • Visa and Apple Pay: up to 6 days • E-wallets and Rapid Transfer: 2-3 days • Wire transfer: 5-8 days

   Deposit Methods

   

   Sponsorships

   National Football League (NFL), Dundalk Football Club, Cardiff City FC

   Contact Details

   Live Chat: Yes; Email: support@888sport.com; Phone: N/A
   

   

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   • Well-established betting brand licensed in Ontario
   • Market coverage for over 20 sports
   • Dozens of payment solutions supported
   • Interac deposits from CA$10
   • Processes Interac withdrawals within 1 to 3 days
   • A handful of sports promotions

   Established in 1997, 888sport leverages its long history to maintain one of the largest customer bases in the highly competitive online betting environment. One major benefit is that the 888sport website has a simplified yet comprehensive layout that is easy to navigate through. As convenience is always considered a major advantage, this is a good move by the brand. The sportsbook is also highly valued by its users for the excellent combination of a diverse sports selection and generous promotional offers it provides. Furthermore, punters are enabled to use nearly all payment methods they can think of including but not limited to the products of Visa, Mastercard, Skrill, Neteller, Trustly, and Interac.

6. Betsson

   

   Review

   Licenses

   • Malta Gaming Authority (MGA/CRP/108/2004)
   • Swedish Gambling Authority (SGA)
   • Danish Gambling Authority (DGA)

   Min Deposit

   $/€10

   Min Withdrawal

   $/€20

   Withdrawal Time

   Bank Transfer: 2 to7 days; Cards: 2 to 5 days; E-Wallets: Up to 24 hours

   Deposit Methods

   

   Sponsorships

   Atletico Nacional, Inter Milan, Club Atlético Boca Juniors, Racing Club de Avellaneda

   Contact Details

   Live Chat: YesEmail: support-en@betsson.comPhone: +356 2260 3300
   

   

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   • Numerous betting markets for over 30 sports
   • Average deposit time of around 1 minute
   • Member of the European Gaming and Betting Association (EGBA)
   • Properly regulated in Malta, Denmark, and Sweden
   • Live chat response within 30 seconds on average
   • Live streaming of big events

   Betsson is a well-established contemporary betting brand that serves avid punters from many parts of the world. The bookie attracts and retains consumers by offering a comprehensive suite of tools, including in-play wagering, live streams, virtual sports, and advantageous features like Bet Builder and Cash-Out. What is more, Betsson’s operations are regulated by some of the most reputable authority bodies in the industry – the MGA, Denmark’s Spillemyndigheden, and Sweden’s Spelinspektionen. The list of transaction methods accepted by the bookmaker may not be as extensive as those of some other betting brands but it still covers both local and global solutions, so you should not worry about your deposits and withdrawals.

7. 20Bet

   

   Bet Now Review

   Licenses

   Curaçao Gaming Authority (OGL/2024/590/0758) Kahnawake Gaming Commission (#00882)

   Min Deposit

   • $21 - Bitcoin; • $10 - Other Methods

   Min Withdrawal

   $/€10

   Withdrawal Time

   • E-wallets - 12 hours • Cryptos - 24 hours • Credit/debit cards - 7 business days

   Deposit Methods

   

   Sponsorships

   N/A

   Contact Details

   Live Chat: Yes email: support@20bet.com Phone: N/A
   

   

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   • Great coverage of over 35 sports
   • Low minimum stake from $/€0.10
   • Enables crypto deposits and withdrawals
   • Website available in 14 different languages
   • Offers a six-level loyalty program
   • Copy Bet feature for copying other customers’ wagers

   If you are willing to look past a new bookmaker’s industry experience, you should give 20Bet a try. Established in 2020, the bookie performs very well and has all the chances to become an industry leader. The most popular sports in its portfolio are soccer, tennis, basketball, American football, and ice hockey but betting enthusiasts can also place their wagers on a number of niche disciplines like Alpine skiing, badminton, and floorball. The bookmaker caters to its registered users with several sport-related promotions and allows them to execute transactions via payment solutions provided by Gigadat, Jeton, Perfect Money, Skrill, Neteller, and others.

8. Betano

   

   Licenses

   UK Gambling Commission (039576-R-319370-022)Alcohol and Gaming Commission of Ontario (AGCO)Malta Gaming Authority (MGA/CRP/152/2007)Danish Gambling Authority (DGA)Gemeinsame Glücksspielbehörde der Länder (GGL)Gambling Regulation and Inspection Service (017)Ministry of Finance of the Czech Republic

   Min Deposit

   $10 ($5 with Apple Pay and Paysafecard)

   Min Withdrawal

   $10

   Withdrawal Time

   • Cards - 2 to 5 days; • E-wallets - within the same day; • Interac - 30 minutes; • Apple Pay, Google Pay - 1 to 4 days

   Deposit Methods

   

   Sponsorships

   UEFA Europa League, UEFA Conference League, Flamengo Rowing Club, Aston Villa, FC Bayern Munich, River Plate, Sporting CP, SL Benfica, Porto FC, Brondby, AC Sparta Prague, FCSB, Copa Americana, Copa Betano Do Brazil, Brasileirao Betano, Torneo Betano Apertura, Torneo Betano Clausura

   Contact Details

   Live Chat: YesEmail: help@betano.co.ukPhone: +44 7360 539790
   

   

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   • Regulated in Ontario, Portugal, Malta, UK, and more
   • Maximum deposit of $3,000 with Interac
   • Interac deposits processed within 5 minutes
   • Interac withdrawals processed within 30 minutes
   • Withdrawals as low as $10
   • Member of the International Betting Integrity Association (IBIA)

   Betano is a highly reputable sportsbook, operating legally under licensing from the Alcohol and Gaming Commission of Ontario (AGCO) and an operating agreement with iGaming Ontario (iGO). The bookmaker also carries licenses from the regulators of the UK, Portugal, Denmark, and Malta, among others. Betano boasts an extensive market range, covering over 25 sports from major North American leagues like the NHL, NBA, and NFL to a vast array of global and niche sports.

   Depth is excellent, as the sportsbook offers numerous markets, competitive odds, live betting, and popular features like Bet Builder. For funding and withdrawals, Betano provides secure and popular Canadian payment methods. These include Visa, Mastercard, Interac, Apple Pay, and Google Pay, with no fees charged by the operator. Deposits are nearly instant, and withdrawals are generally processed efficiently, with options like Interac often providing quick access to your funds.

9. Casumo Sports

   

   Bet Now

   Licenses

   • MGA (#MGA/CRP/217/2012)
   • Irish Revenue Commissioners (#1015523)
   • AGCO (#OPIG1239089)
   • Swedish Gambling Authority (#23Si773)
   • Gibraltar (#126 and #127)
   • UKGC (#061549)

   Min Deposit

   $/€10

   Min Withdrawal

   $/€10

   Withdrawal Time

   • Credit/Debit Cards - 1-5 days • E-wallets - Up to 48 hours • Trustly - Up to 48 hours • Bank Transfers - 1-5 days

   Deposit Methods

   

   Sponsorships

   Reading F.C.eSports events at Wembley Arena

   Contact Details

   Live Chat: Yes; Email: hey@casumo.com; Phone: N/A
   

   

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   • Carries a license from the AGCO in Ontario
   • A multi-award-winning sportsbook with 13 years of market experience
   • Processes withdrawals within hours with no fees
   • Offers a simple-to-use Bet Builder feature
   • Provides a choice from more than 25 sports
   • Offers new promotions for returning customers each week

   Casumo is a trustworthy gambling brand with just over 10 years of experience behind its back. Even if you are not familiar with the bookie, you should have no worries about the safety of your funds and sensitive information since Casumo operates under the supervision of the UK Gambling Commission, the Gibraltar Licensing Authority, and the Alcohol and Gaming Commission of Ontario. Just one look at the main betting site shows that punters who decide to join the bookmaker will have variety at their disposal both in terms of the sports to bet on and the transaction methods they can use. The latter include Interac, MuchBetter, PayPal, ecoPayz, and others with availability depending on the country of residence.

10. Betsafe

    

    Review

    Licenses

    • MGA (MGA/CRP/108/2004, MGA/B2C/959/2022)
    • Swedish Gambling Authority (SGA)
    • Alcohol and Gaming Commission of Ontario (AGCO)

    Min Deposit

    $/€10

    Min Withdrawal

    $/€10

    Withdrawal Time

    * Bank cards - up to 5 business days; E-wallets - up to 24 hours; Bank Transfer - up to 5 business days

    Deposit Methods

    

    Sponsorships

    N/A

    Contact Details

    Live Chat: Yes; Email: support-en@betsafe.com; Phone: +44 808 238 0028
    

    

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    • In business for nearly two decades
    • Wide range of payment methods and currencies
    • Deposits processed within 1 minute on average
    • Member of the European Gaming and Betting Association
    • Licensed by the MGA in Malta and AGCO in Ontario
    • Average customer support response time of 30 seconds

    Betsafe is among the most highly valued online bookmakers that accept Gigadat payment solutions in addition to the usual debit and credit cards, e-wallets, and conventional bank transfers. Avid punters from different regions of the world can bet via the bookie’s website or downloadable mobile applications. The high-quality live streams of select sports events are among the most appealing features of Betsafe. The huge selection of bet types offered by the sportsbook is a characteristic feature, especially when it comes to soccer, where some matches feature over 300 betting markets. The other popular disciplines in the bookie’s portfolio are American football, baseball, basketball, tennis, and ice hockey.

11. LeoVegas Sport

    

    Bet Now

    Licenses

    MGA (#MGA/CRP/237/2013) Ireland Revenue Commissioners (#1012453) UKGC (#39198) Alcohol and Gaming Commission of Ontario (AGCO)

    Min Deposit

    $/€10

    Min Withdrawal

    $/€20

    Withdrawal Time

    • Credit/Debit Cards: 3-5 days • E-wallets: up to 24 hours • Bank Transfer: 2-5 days

    Deposit Methods

    

    Sponsorships

    Wolverhampton Wanderers F.C. (2023/2024)

    Contact Details

    Live Chat: Yes; Email: help@leovegas.com; Phone: N/A
    

    

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    • Licensed in Ontario by the AGCO
    • Excellent experience on mobile
    • Minimum deposits from $10
    • Enables minimum withdrawals from $20
    • Established and well-regulated online sportsbook
    • Available in French and English

    LeoVegas is highly regarded for its mobile-first approach, boasting an award-winning app that delivers an intuitive and fast betting experience across a wide range of devices. The sportsbook features an extensive selection of betting markets across over 30 sports, coupled with competitive odds, especially on major leagues. Live betting is a significant strength, often incorporating live streaming for selected events and a user-friendly interface for in-play wagers.

    Popular features like Cash Out and the Bet Builder further enhance the user experience. While the desktop interface may need refinement and withdrawal times can occasionally extend to several business days, LeoVegas provides a secure, well-regulated platform with 24/7 customer support. It is an excellent choice for bettors prioritizing mobile functionality and market depth.

12. 1xBet

    

    Licenses

    Curacao Gaming Authority (OGL/2024/1262/0493) Irish Revenue Commissioners (#1019276)

    Min Deposit

    $/€10

    Min Withdrawal

    $/€10

    Withdrawal Time

    • Bank Transfer - Up to 5 days; • E-wallets and cards: 15 minutes to 24 hours; • Crypto - 15 minutes

    Deposit Methods

    

    Sponsorships

    FC Barcelona, Serie A TIM, Volleyball World, FIBA, MIBR, Aurora, Billie Jean King Cup, 9Z, Dallas Open, Africa Cup of Nations

    Contact Details

    Live Chat: Yes Email: support@1xbet-team.com Phone: +44 127 325-69-87
    

    

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    • Accepts over 20 cryptocurrencies
    • Features events in over 50 sports
    • Website available in over 60 languages
    • Supports Interac for deposits only
    • Enables fee-free withdrawals processed within 15 minutes
    • Licenses issued in Curaçao and Ireland

    After 18 years on the online gambling scene, 1xbet has become a recognizable sports betting brand with lots of loyal patrons all over the world. As seasoned sportsbook reviewers, we are hard to impress, but the sheer breadth of payment solutions accepted by 1xBet made our jaws drop. It not only includes most of the methods you can think of but also some rarely available options like Piastrix and Airtm. You can place bets on a diverse range of over 50 sports, from the ever-popular soccer, ice hockey, and tennis to lesser-known disciplines like bare-knuckle boxing, hurling, and squash.

13. N1 Bet

    

    Licenses

    The Curacao Gambling Commission (OGL/2024/161/0191)

    Min Deposit

    20 €/$

    Min Withdrawal

    €/$20

    Withdrawal Time

    Bank transfers - within 3 working days; Other methods - within 24 hours

    Deposit Methods

    

    Sponsorships

    N/A

    Contact Details

    Live Chat: Yes Email: support@n1bet.com Phone: N/A
    

    

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    • Simple and fast account registration in under a minute
    • Takes wagers on cyber sports
    • Over 20 sports available for betting
    • Instant Interac deposits starting from CA$30
    • Accepts other Canada-friendly methods like iDebit
    • Over 19 payment methods supported

    We now turn our attention to N1 Bet, a relatively new online bookmaker that shows every sign of becoming a significantly popular player in the sports betting scene. Currently holding a Curaçao license, the bookie accepts punters from many countries including Canada. Gigadat, Skrill, Neteller, MiFinity, iDebit, and Payz are just part of the payment service providers N1 Bet works with. Minimum deposits and withdrawals with Interact start from CA$30. Soccer offers the greatest number of betting events on this bookie’s platform, followed by tennis, ice hockey, and American football.

14. Rabona

    

    Licenses

    •Ireland Revenue Commissioners (1020581) •Anjouan Gaming Board (ALSI-202411077-FI2) •Operated by Naale Limited in Ireland and Stellar Limited in Anjouan

    Min Deposit

    •€30 for BTC; •€10 for other methods

    Min Withdrawal

    •Fiat methods - €10; •USDC, USDT, XRP, ADA - €30; •ETH - €40; •BTC: - €60; •BCH - €10

    Withdrawal Time

    •Bank cards - 2-5 days; •E-wallets, Crypto - instant

    Deposit Methods

    

    Sponsorships

    SSC Napoli

    Contact Details

    Live Chat: Yes Email: support@rabona.com
    

    

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    • Higher withdrawal limits for VIP punters
    • Covers over 20 major and niche sports
    • Separate Horse Racing and Virtual Sports sections
    • Running on the Altenar platform
    • Bet Mentor generates custom multi-bets based on your desired stake and payout
    • Over 20 supported language options

    Rabona is an increasingly popular provider of online betting services with advantageous features. Since launching six years ago in 2019, the brand has quickly compiled an extensive portfolio of sports, which it supports with a wide array of bet types and both ongoing and short-term bonuses. Rabona’s platform has separate horse racing and virtual sports sections with the other popular disciplines being soccer, baseball, American football, tennis, and ice hockey. The payment solutions supported by the bookie are tailored to the needs and preferences of punters across the world, encompassing both universal and locally used methods.

15. Tonybet

    

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    Licenses

    • The Estonian Tax and Customs Board (#HKL000393, HKT000016, HKL000098, HKT000015)
    • Kahnawake Gaming Commission
    • Dutch Gaming Authority (1729)
    • Ireland Revenue Commissioners (1017899)
    • Alcohol and Gaming Commission of Ontario (AGCO)

    Min Deposit

    $/€10

    Min Withdrawal

    $/€10

    Withdrawal Time

    • E-wallets - within 12 hours • Credit/Debit Cards - up to 7 business days • Cryptocurrencies - less than 24 hours

    Deposit Methods

    

    Sponsorships

    Canadian Premier League (CPL) Irish Champions Festival in Leopardstown (2024) Tony Cascarino (brand ambassador)

    Contact Details

    Live Chat: Yes email: info@tonybet.com Contact Us Form Phone: N/A
    

    

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    • Licensed in Ontario, Ireland, Estonia, and the Netherlands
    • Enables deposits with Interac and InstaDebit
    • Hosts Bettors Tournaments for the chance to win free bets
    • Offers regular boosted odds on select markets
    • Catering to punters since 2009
    • Accepts bets as small as $0.10

    TonyBet is a solidly regulated online bookmaker welcoming avid betting enthusiasts from Europe and Canada. The team behind this brand has taken care to provide its customers with multiple options for funding their account balances. The transaction method providers include but are not limited to Interac, Visa, Mastercard, PayPal, MuchBetter, Paysafecard, and more. Most solutions can be used for withdrawals as well with the fastest being Interac and e-wallets. With more than 35 sports available for betting, the platform offers something for every punter. The most extensive category is soccer while tennis and basketball also enjoy very good coverage.

This is where Gigadat comes in. Gigadat is a payment solution provider based in Winnipeg, Manitoba, and virtually all bank-related online transactions in the country are processed through this system. It has partnered with Interac and provides a number of online services.

For more context, Interac refers to Interac Corporation. Its roots date back to the 1980s when the 5 biggest at the time Canada-based banks formed Interac Association. It has evolved a lot throughout the years, and in 2018, the network merged with Acxsys to form the currently operating Interac Corporation.

Since joining forces, Gigadat and Interac have managed to make online payments something far less intimidating for the average Canadian consumer. Their most relevant products are Interac e-Transfer and Interac Online when it comes to wagering on sports on the world wide web.

Throughout its years of servicing Canadian customers, Gigadat has proven to be a trustworthy establishment both for the customers who utilize its products, and the banks that partner with the payment solution provider. The vast majority of financial institutions based in Canada work with Gigadat when it comes to online payments, withdrawals, and more. This stellar availability is mirrored at bookies too, with just about any sportsbook wishing to welcome Canada-based punters offering Gigadat solutions in its cashier section.

How Does Gigadat Function?

It is important to reiterate that Gigadat and Interac are not exactly the same thing, seeing as you will not find the name Gigadat among the possible deposit or withdrawal solutions at your sportsbook. Instead, when you are combing through the payment methods of a bookmaker, what you will be looking for is Interac’s logo, as Interac e-Transfer and Interac Online are what Gigadat offers.

Interac e-Transfer is what you can use for both deposits and withdrawals, while Interac Online can only be used for deposits. More often than not, what you will encounter at an online bookmaker is the former, although certain bookies offer both.

Utilizing Gigadat’s services is simply a matter of whether you are a Canadian citizen and whether or not you have access to online banking via your financial institution. If the answer is yes to both, then you can take advantage of what the payment solution provider has to offer.

The Difference Between Interac Online, Interac E-Transfer and Express Connect

As established, there are two banking solutions provided by Gigadat that can be utilized at online sportsbooks. The first such service is Interac Online, and it allows you to deposit funds directly from your bank account and into your sportsbook balance. This option is more straightforward than e-transfer, but punters can use Interac Online for deposits and nothing else. Another key difference is that Interac Online is not utilized by as many bookies as e-transfer, so you will have a harder time finding it as a payment option. Additionally, the number of banks that offer Interac Online is also comparatively small.

In contrast, Interac e-Transfer is used by most Canadian financial institutions. Bettors can also make use of this service not only for deposits but for conducting withdrawals as well. The process of depositing is slightly more lengthy and involves using your email, phone number, and the usage of security questions, but all in all, it is quite easy to get the hang of.

If you have visited Gigadat’s website, you might have also noticed an e-wallet solution named Express-Connect. This is yet another excellent service offered by Gigadat, however, it receives poor availability at bookmakers. Bookies that cater to a Canadian audience will, in general, offer only Interac e-Transfer or Interac Online. If this changes in the future, however, we are certain that Express-Connect will make an excellent addition to the payment options available at Canada-friendly sports betting websites.

Mobile Application

Neither Gigadat nor Interac offers a dedicated mobile application. However, the reason behind that is that your financial institution is practically guaranteed to already be providing its services through a mobile website or an app. It is through one of these channels that you will manage your online finances on your smartphone.

As for the utilization of Gigadat’s products at bookies, the situation is fairly similar. Basically, so long as a bookmaker has either a mobile website or a mobile app, you will be able to do everything desktop users have access to with ease on your iOS or Android device. This includes wagering, contacting customer support, and of course, depositing to and withdrawing from your sportsbook balance. In addition, you can also pay through Google Pay, Apple Pay, or Samsung Pay if you have an Interac debit card.

Opening an Account

Gaining access to what Gigadat has to offer is incredibly easy for a Canadian sports betting aficionado. In fact, you will likely not need to take any additional steps, seeing as all that is needed is an account at one of the 250+ banks which partner with the payment solution provider. The chances of you already having such an account are almost guaranteed, in which case you are ready to start your wagering journey online.

If you happen to not have an online banking account, the process is not too troublesome. First, you will need to visit your bank’s website. Next, search for the section of the website designated for online banking. Such a page will provide further information as well as clarity regarding any intricacies related to creating an account. Once you read this information, you can proceed to account creation. Do note that you need to have an existing bank account, credit card, or debit card for this to work. The next steps might vary from this point onward, but at Royal Bank Canada, all you need to do is provide your existing account details, receive an activation code, and set a password.

Last but not least, remember that if the entire ordeal looks cumbersome, you can opt for opening an online account in person by visiting a brick-and-mortar location. If you go this route, someone will guide you through the steps and will even do a lot of the work for you.

Depositing to your Sportsbook Balance

One of the biggest advantages of Gigadat’s services is how streamlined the entire process of depositing funds into your bookmaker balance is. It will not take much time, and it is, all in all, a fairly simple affair.

The first step involves you navigating to your sportsbook’s cashier, and then choosing the deposit section. Alternatively, certain websites have a deposit link directly on their homepage for the users’ convenience. Either way, you will be presented with a variety of options once you reach your destination, one of which will be Interac. As established, this is Gigadat’s service and is what you need to choose. You will be prompted to specify how much money you wish to deposit into your account, and you will then be redirected to a Gigadat web page containing all financial institutions that work with the service. Next, search for your own bank or credit union, it will be listed under the drop-down menu or among the thumbnails.

At this point, you will be prompted to pick between Interac e-Transfer or Interac Online. Going with the latter will lead to another page, where you will again need to choose your financial institution or credit union, and then provide your card number and password. With this, your transaction will be done.

Picking the former will lead you to a Gigadat page where financial information will be listed, and then you will be provided with a recipient email as well as a security question and answer. Next, you should log into your bank account, navigate to Interac e-Transfer, and input the provided email or number of the recipient, as well as the aforementioned security question and answer. If you wish to forgo the last step, you can set up Interac Autodeposit, which will make the entire process all the easier.

Withdrawing from your Sportsbook Balance

The withdrawal process is similar to deposits, with two key differences. Firstly, withdrawal in and of itself is far faster on your side. You just need to request a withdrawal, choose Interac, provide the necessary information and that is pretty much it. So it is technically faster than making a deposit in this respect. However, withdrawals will typically take longer to process. This is due to the fact that they need to undergo verification and approval by the bookmaker’s team, which is done in order to ensure that no issues will arise and that the correct user will receive the money.

Besides transaction speeds, the second aspect you need to keep in mind is that withdrawing your funds is an option exclusively for Interac e-Transfer. Withdrawals cannot be conducted through Gigadat’s Interac Online service.

Cost and Fees

Canadian gambling aficionados will be happy to learn that all transactions conducted via Gigadat’s services will not involve any fees on the payment solution provider’s side. In other words, Gigadat does not impose any fees on its users when it comes to using Interac e-Transfer, or Interac Online for remote sports betting.

However, this does not mean that customers’ transactions will be completely free of expenses. First and foremost, make sure to keep track of any potential fees you might incur from your banking institution. Furthermore, there is a second type of fee punters might come across. Namely, the so-called conversion fees are also something that needs to be kept in mind. Not all bettors will run into them, but gambling aficionados who wager at bookies that do not natively support CAD will most likely need to pay a fee for currency conversion.

Speaking of sportsbooks, be on the lookout for any additional fees a bookmaker might impose. While this sort of thing is quite rare, it is best to be careful just in case. If you notice any fees that do not sit right with you, it might be best to register at another sports betting website.

Security and Privacy

We need to emphasize that Gigadat is a heavily regulated institution as is appropriate when it comes to companies that offer these types of financial services. In fact, Gigadat is under the scrutiny of the Financial Transactions and Reports Analysis Center of Canada. FINTRAC is Canada’s financial intelligence agency and is responsible for investigating and preventing money-laundering schemes, as well as terrorist financing. The organization answers to the Minister of Finance, which means Gigadat is regulated by an organization of the highest order. Thus, you can be absolutely certain that Gigadat follows all laws and regulations put in place by Canadian authorities to the letter.

Beyond FINTRAC’s anti-money laundering oversight, payment service providers like Gigadat must now comply with the Retail Payment Activities Act (RPAA), enforced by the Bank of Canada. The purpose of this legislation is to mitigate operational risks and safeguard the funds of local consumers by establishing a supervisory framework overseen by the central bank.

In addition, Gigadat has made sure to employ encryption technology for transactions. This ensures that all of your information is encrypted and thus unavailable to any potential third parties.

All transactions require multiple layers of confirmation and security checks. From the employment of security questions to a unique pin, you can be certain that no one but you will be able to conduct deposits or withdrawals. Transactions are also reported in real-time to you, so each time you deposit or withdraw money, you will be notified.

Additionally, payments are technically processed through the banking institutions themselves. This is yet another advantage since banks tend to have the most robust security available.

Last but not least, the fact that the payment solution provider works strictly with credible, licensed bookmakers is also something that bears emphasizing.

Advantages of Gigadat

There is plenty to like about Gigadat. In terms of availability, it is practically unrivaled in Canada. Over 250 banks in the country take advantage of Gigadat’s service for e-transfers and online banking in general. This means that, in practice, almost all individuals who have a banking account already have access to Gigadat’s services. This is the vast majority of the Canadian adult population, and naturally, it includes gambling enthusiasts as well.

In addition, pretty much all Canada-friendly bookies will offer Interac e-Transfer within their cashier. What is more, it is almost guaranteed that sports bettors will not only be able to deposit funds into their account via Interac, but the banking solution will also be available for withdrawals. This is quite the advantage over payment methods that are deposit-only or that can be used only for withdrawals.

It should also be noted that Gigadat Solutions’ options will almost always be eligible for promotions and bonuses you can encounter at bookmakers aiming to impress a Canadian audience. Certain banking methods cannot be utilized for such promotional offers, unfortunately, so it is definitely something to take into consideration.

Last but not least, Gigadat is incredibly secure. Strong encryption and a number of security precautions make Gigadat’s payment solutions some of the safest out there, and neither Interac e-Transfer nor Interac Online provides any unnecessary information with third parties.

All of this makes for an incredibly straightforward and streamlined experience when it comes to managing one’s bankroll and general finances on the web. This is great, seeing as the fewer headaches you need to deal with when you wager online, the more time you can devote to having fun and betting on the outcomes of your favorite matches.

Disadvantages of Gigadat

Ultimately, few things need criticizing when it comes to Gigadat. This payment solution provider has managed to single-handedly turn online banking into a practically effortless option when it comes to the online payment needs of an entire nation, and has done so by making sure that its service is reliable, secure, and a breeze to use. There are some setbacks that are worth pointing out, however.

One such disadvantage is Gigadat’s status as an option available strictly to Canadian gambling enthusiasts. Bettors residing in different countries will need to rely on their own, possibly inferior, options instead, which is why we would be happy to see companies like Gigadat and Interac spring up internationally too.

In addition, it is also unfortunate that pending, or in other words, incomplete, e-transfers have a 30 day eligibility period. After the 30 days are over, the transaction will be considered void.

One last thing bettors should note is that transaction notification, reports, and so on happen through email. This is a double-edged sword, in a sense, since said notifications are both convenient and a potential vulnerability concern. Namely, they introduce the risk of phishing, i.e. users falling victim to scammers who pretend to send emails from Interac or Gigadat and who, through this, trick the customer in question into providing their passwords and other pieces of information.

This is not a problem for those diligent enough to thoroughly check every email they receive, but nonetheless, the fact remains that even a rare case of negligence can be very costly for a user.

Conclusion

Despite the significant regulatory changes that have brought licensed operators in provinces like Ontario, many international bookmakers continue to serve the wider Canadian market from offshore locations. This ensures that Canadian punters still benefit from a practically endless choice of sports betting websites to pick from.

Yet, even when we take the wide range of bookmakers into consideration, you would still be hard-pressed to find a Canada-friendly betting site catering that does not offer Gigadat’s products. Gigadat has become essential to the Canadian sports betting scene, and its dominance is understandable. After all, this payment solution provider offers the easiest and most straightforward method of securely depositing or withdrawing funds in Canada, primarily through its seamless integration with the country’s main financial network, Interac.

Naturally, this convenience is further appreciated by customers who wish to wager on sports quickly and easily online. The fact that Gigadat works closely with the nation’s banking institutions to facilitate these transactions also serves to boost the service’s credibility and assures bettors that they are utilizing an incredibly reliable and secure system.